Non-agency mortgage-backed securities investors do not have enough confidence to allow for accelerated reform of the government-sponsored enterprises, according to Michael Berman, chairman of the Mortgage Bankers Association. “The key is the private markets have spoken that they don’t have confidence,” Berman said last week in...

Commercial banks posted a solid 7.3 percent increase in their holdings of MBS over the second half of 2010, emerging as the top investor class in the market, according to a new Inside MBS & ABS analysis. Commercial banks held...[Includes one data chart]